421 Hart St, Brooklyn, NY 11221
This exceptional retail property, located at 421 Hart Street in Brooklyn, New York, presents a unique investment opportunity. The 6,968 square foot space is situated on a 2,000 square foot mid-block lot boasting 20 feet of frontage. The property is zoned C4-4L, allowing for a variety of retail uses. The thoughtfully designed layout includes private outdoor spaces, maximizing functionality and appeal. Comparable condominium sales in the neighborhood have recently exceeded $1,000 per square foot, indicating strong market value and potential for significant return on investment. This prime location within the rapidly developing Bedford-Stuyvesant neighborhood offers easy access to a vibrant community with numerous restaurants, shops, and other amenities. The property's convenient location is further enhanced by its proximity to public transportation, just three blocks from the Myrtle Avenue J, M, and Z subway lines, and served by nearby B46 and B47 bus routes. This is an exceptional chance to acquire a thriving retail space in a high-growth area of Brooklyn. The asking price is $1,750,000. The property's strategic location and well-designed layout make it an ideal investment for discerning buyers seeking a strong foothold in a flourishing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.